
In
Offenburg, Germany, a monument to the humble
potato proclaims: "To God and Francis Drake,
who brought to Europe for the everlasting benefit
of the poor -- the Potato."
Actually, it isn't Francis Drake, but Spanish
explorers who get the credit for introducing the
versatile root crop to Europe. The starchy tuber,
a native of the Peruvian Andes, was brought from
South America to Europe in the 16th century.
Europeans ate it up.
Introduced in North America about 1700,
potatoes today are a $230 million crop in the
United States. In Minnesota, which ranks seventh
in U.S. production, farmers last year planted
79,000 acres of red, white and russet potatoes.
Most ended up at food processing plants, where
they became french fries, chips, hash browns and
other spudly delights.
Only about eight percent of the crop is grown
for the fresh table market. But within that niche
market, "There's huge demand for a nice,
high-quality, little potato -- the kind of potato
we used to throw away," says extension
specialist Rudy Radke of North Dakota State
University.
Washed, sorted, and packed like orchard
apples, spuds weighing under six ounces bring
prices of $9 to $25 cwt., says Radke. That's two
to four times the price of potatoes grown for
processing.
Like most commodities, potatoes go through a
price cycle. In 1996, for example, excess supply
pushed the fresh market down sharply. Still,
"Historically, potato prices have been
decent," says Belgrade producer Mark
Herickhoff. Early red potatoes show a five-year
average price of $10.56 cwt., he says.